Bharat Electronics Ltd.

Bharat Electronics (BEL) has received approval to sign a Joint Venture Agreement (JVA) with M/s Safran Electronics and Defence (SED), France, for Project HAMMER and the operationalisation of the provisions of JV agreement is subject to regulatory and administrative approvals from both the Countries.

The company will operate a ‘Center of Excellence’ to act as a Technology cum Teaming Partner for the manufacturing, supply, maintenance and repair of the Guidance Kit (GK) of HAMMER Weapon System. The primary ‘End Users’ are the Indian Air Force and Indian Navy, though other end users in India may be mutually agreed upon. The equity will be split 50:50 between BEL and SED.

The Board of Directors of the company at its meeting held on February 15, 2026, has approved the same.

Bharat Electronics (BEL) is a multi-product, multi-technology, multi-unit conglomerate with various products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.